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Stock impact report

i3 Verticals Reports Second Quarter 2021 Financial Results

i3 Verticals, Inc. (IIIV) 
Last i3 verticals, inc. earnings: 2/10 04:30 pm Check Earnings Report
Company Research Source: Business Wire
Announces Latest Public Sector AcquisitionRaises 2021 Outlook NASHVILLE, Tenn.--(BUSINESS WIRE)--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal second quarter ended March 31, 2021.Highlights for the fiscal second quarter and six months ended March 31, 2021 vs. 2020 Second quarter revenue was $47.9 million, an increase of 22% over the prior year's second quarter. Revenue for the six months ended March 31, 2021, was $91.2 million, an increase of 14% over the prior year's first six months.Second quarter adjusted net revenue1, which excludes acquisition revenue adjustments, was $49.4 million, a decrease of 26% over the prior year's second quarter. Adjusted net revenue1 for the six months ended March 31, 2021, was $94.3 million, an increase of 17% over the prior year's first six months.Second quarter net loss was $0.1 million, compared to net income of $1.9 million in the prior year's second quarter. Net loss for t Show less Read more
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